Check out this MASSIVE income producing property in the beautiful Cherry Grove section of North Myrtle Beach. Steps away from the ocean, the Tropical Rays Oceanside Duplex is ready for rentals! This 12 Bedroom, 14 Bath multifamily has over 9600 sq. ft of space with equipped with oversized bedrooms, game rooms, balconies with ocean or channel views, large in-ground pool, kitchens with double ovens, double microwaves, double dishwashers equipped to seat over 24 guests as well as enough parking to support them all! Recently redone exterior including painting, new patios and railings, concrete surrounds for pools, exterior lighting and more, giving it excellent curb appeal! A unique feature of this property is the ability to access both units from an interior lockout door on the 1st and 3rd floors. This gives the ability for use as two separate 6 Bedroom 7 Bath units or as one home to serve twice as large of a group! Arcade games, TV's in each room, space for large families or groups, hundreds of restaurants and attractions close by, as well as Cherry Grove Park & boat launch right up the street make this a prime location for any investor looking for profits! Ask your agent for income numbers and potential! Come take a look at the potential in this property today!
Sold for $1,670,000 on 03/11/24
$1,670,000
204 53rd Ave. N, North Myrtle Beach, SC 29582
--beds
--baths
9,610sqft
Duplex, Multi Family, Multi Family
Built in 2006
-- sqft lot
$1,711,400 Zestimate®
$174/sqft
$2,365 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 30, 2025 at 10:59am
Listed by:
The Forturro Group 843-612-1473,
Keller Williams Innovate South,
Jeff Forman 843-902-4325,
Keller Williams The Forturro G
Bought with:
Mike Green, 53781
Coastal Vision Properties LLC
Source: CCAR,MLS#: 2322955
Facts & features
Interior
Heating
- Central, Electric
Cooling
- Central Air
Interior area
- Total structure area: 9,700
- Total interior livable area: 9,610 sqft
Property
Parking
- Parking features: Other
Features
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Features: City Lot, Rectangular, Rectangular Lot
Details
- Additional parcels included: ,
- Parcel number: 35209040022
- Zoning: MF
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Raised
Condition
- Resale
- Year built: 2006
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Heat Detector, Smoke Detector(s)
Community
- Community features: Long Term Rental Allowed, Short Term Rental Allowed
Location
- Region: North Myrtle Beach
- Subdivision: Cherry Grove Beach
HOA & financial
HOA
- Has HOA: No
- Amenities included: Owner Allowed Motorcycle, Pet Restrictions, Tenant Allowed Motorcycle
Other
Other facts
- Listing terms: Cash,Conventional,Portfolio Loan
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,711,400
2% more+$34,228
With Zillow Showcase(estimated)$1,745,628